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The Main Important Aspects of the Evolution of Insurance in the World

Author

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  • Oana Mihaela Orheian

Abstract

This article covers the main developments in the insurance market in the world. Insurance and reinsurance operations are carried out in a regulated framework that brings together supply and demand of insurance, insurance market framework known. The insurance market takes place vast majority of specific contracts. Almost all activities of social life and the world economy are protected by insurance, given the scale and diversity shows that security is of great diversity and heterogeneity, therefore we can speak of an insurance market only in generic terms. This article presents the main developments in European insurance and other insurance markets.

Suggested Citation

  • Oana Mihaela Orheian, 2015. "The Main Important Aspects of the Evolution of Insurance in the World," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(1), pages 122-127, March.
  • Handle: RePEc:khe:journl:v:7:y:2015:i:1:p:122-127
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    More about this item

    Keywords

    Insurance market; gross written premiums; insurance density;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private

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